Zcash Rises After Upgrade Freezes $16M in ZEC, Establishes Security Reserve
Zcash has activated Network Upgrade 7, which reduces block times from 75 to 25 seconds and will help fuel a long-term security reserve. However, the move also froze about $16 million worth of ZEC that will remain inaccessible in an outdated shielded pool. Zcash Cuts Block Times While Preserving Supply Cap Zcash has officially completed […]
Key Takeaways
- Zcash has activated Network Upgrade 7, which reduces block times from 75 to 25 seconds and will help fuel a long-term security reserve.
- However, the move also froze about $16 million worth of ZEC that will remain inaccessible in an outdated shielded pool.
- Zcash Cuts Block Times While Preserving Supply Cap Zcash has officially completed […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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